Abu Dhabi Regulatory

Abu Dhabi Establishes a Comprehensive Regulatory Framework for Digital Ledger Technology.

The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) unveiled tailored regulations for the cryptocurrency sector, officially known as the Distributed Ledger Technology (DLT) Foundations Regulations 2023, on November 2nd, as announced in a press release. These fresh regulations are designed to offer much-needed clarity and oversight to the cryptocurrency industry, positioning Abu Dhabi…

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RAK Digital Assets Oasis

Ras Al Khaimah’s Royal Family’s Initiative: Turning the Emirate into a Blockchain Hub

On October 19, Sheikh Saud bin Saqr Al Qasimi unveiled the RAK Digital Assets Oasis, also known as RAK DAO. It’s a specialized economic free zone with a unique focus on nurturing companies in the digital and virtual assets realm, which includes exciting fields like blockchain, Web3, and AI industries. RAK DAO aims to become…

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